Submitted by ConcertDesigner8918 t3_11dwjmi in wallstreetbets
Heard a lot about earnings going to fall short of expectations so bought a few puts for ZM expiring Friday when stock was around $74.7. Now I was wrong and got fuckedðŸ˜
Submitted by ConcertDesigner8918 t3_11dwjmi in wallstreetbets
Heard a lot about earnings going to fall short of expectations so bought a few puts for ZM expiring Friday when stock was around $74.7. Now I was wrong and got fuckedðŸ˜
Whatever you read alot of. Do the opposite
See you on the other side my boy. What strike price?
Zoom is a well run company. Of the COVID stocks (CVNA, PLTR, PELO, etc) ZM is one of the few that is consistently profitable. That said, I just don't know what their next move is. They have a few billion in cash though.
Place the trade. Then reverse it and then inverse it. And then if you lose money. Kill batman
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Im curious being on the bull side here (always trying to understand other side of trade) and loaded up on $ZM calls, what was your DD as to why they would continue to fall/ miss earnings?
Thought this was a missy elliot song for a sec
They lost 110M v a profit of high 400M last year. They said stock compensation caused the loss. The earnings subtracted that out to show a profit. Now that is almost 600M of stock??? You tell me if that is right.
You trade based on hearsay?
Idk want to be that guy and sound all smart but it was obvious earnings were being beat. 3 days ago they tweet about AI, buying puts on that is already a crazy move. They have beat earnings for a good ass while now, even on their downfall. People think that because covid is gone they are just going to report loses.
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Be ready market will take a dive
I heard your mom did.
VisualMod t1_jab7tuh wrote